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How to Decide Hotel Rates: A Complete Guide for Hoteliers

Hotelogix

Identify & Analyze Competition Why it matters: Staying competitive requires understanding your market. Steps to Analyze Competitor Pricing: Track room rates across OTAs and direct websites. Best Practice: Combine multiple strategies to adapt to market fluctuations and guest segments. amenities, luxury).

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Hotel Revenue Management Strategies

Xotels

This is done by thoroughly understanding your property, its customers, and the market. Also, gone are the days of selling the majority of your rooms through OTAs. Making sure you get your fair share of direct bookings allows you to compete with OTAs and avoiding to pay the hefty commissions on those bookings.

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Hotel peak season: Strategies for small hotels

Little Hotelier

Make more money during peak season with direct bookings OTAs charge a 15-25% commission fee on every booking. Review your length of stay restrictions Length of stay strategies can boost your revenue when you expect a high volume of bookings coming your way. Learn more When is peak travel season for hotels?

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How To Optimize Metasearch Bids For Direct Bookings

gcommerce

However, while these bookings once seemed advantageous, they often come at the expense of reduced profitability for hotels, which prompts a strategic pivot towards maximizing direct hotel bookings over OTA channels. This strategy is more focused on the return of your metasearch marketing efforts.

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Want to Improve Hotel Occupancy Rate? Try these Strategies.

Hotelogix

It will help you distribute in real-time on multiple OTAs and metasearch sites. It enables you to adjust rates and marketing strategies to attract more guests during peak/off times. It can also help you to optimize your pricing strategy, as extended stays may be more profitable than shorter ones.

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Top Revenue Management Strategies for Hotels

Xotels

This is done by thoroughly understanding your property, its customers, and the market. Also, gone are the days of selling the majority of your rooms through OTAs. Making sure you get your fair share of direct bookings allows you to compete with OTAs and avoiding to pay the hefty commissions on those bookings.